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Loan Modification

: Loan Modification & Home Loan News

GMAC Denies Foreclosure Moratorium

By Evan Bedard

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MINNEAPOLIS (TheStreet) — Ally Financial denied claims that its subsidiary, GMAC Mortgage, instituted a foreclosure moratorium in 23 states, according to a statement posted on its website Monday. Recent reports have stated that GMAC Mortgage instituted a moratorium on all residential foreclosures in 23 states,” the statement said in response to media reports saying that [...]

Full post as published by Loan Modification & Home Loan News on September 21, 2010 (boomark / email).

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